Tax Incentives
Even if you do not shoot in Louisiana, we can offer the Louisiana Tax Incentive if you hit the qualified minimum spend amounts. VFX post work done in the state can qualify for a 25% transferable tax credit on a minimum spend of $300,000. This increases to 30% on a spend over $1M. A spend can be either total production spend, or VFX-only spend for productions shot anywhere else in the world.
For productions NOT filmed in Louisiana: No problem! As long as more than $300,000 is spent with Pixel Magic on VFX, the production can qualify for a 25% tax credit. This increases to 30% if the spend is over $1M.
For productions filmed in Louisiana, VFX will be counted as part of the overall spend which will generally exceed the minimum required spends.